Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

European Milk Production Update – Jul ’21

  • July 19, 2021July 19, 2021
  • by Belinda Przybylski

Executive Summary

EU-27+UK milk production figures provided by Eurostat and the Agriculture and Horticulture Development Board of the United Kingdom were recently updated with values spanning through May ’21. Highlights from the updated report include:

  • EU-27+UK milk production volumes increased 2.2% on a YOY basis throughout May ’21, reaching a record high monthly level. The YOY increase in EU-27+UK milk production volumes was the largest experienced throughout the past three years.
  • May ’21 YOY increases in milk production were led by Italy, followed by Ireland and France, while production volumes declined most significantly from the previous year throughout Finland. Overall, 22 of the 28 countries experienced YOY increases in milk production throughout the month.
  • EU-27+UK beef & dairy cow slaughter rates finished higher on a YOY basis for the second consecutive month during Apr ’21 when normalizing for slaughter days, increasing by 6.7% but remaining at the second lowest seasonal level experienced throughout the past ten years.

Additional Report Details

According to Eurostat and the Agriculture and Horticulture Development Board of the United Kingdom, May ’21 EU-27+UK milk production volumes increased seasonally to a record high monthly level, finishing 2.2.% above previous year levels. EU-27+UK milk production volumes reached a record high seasonal level for the tenth time in the past 12 months throughout May ’21.

Figures for Sweden and Luxembourg are not yet available and are based on the previous month YOY change in production. Sweden and Luxembourg have combined to account for just 2.0% of total EU-27+UK production volumes throughout the past 12 months.

’20-’21 annual EU-27+UK milk production volumes finished 0.6% higher on a YOY basis, reaching a record high level for the fourth consecutive year. ’21-’22 YTD EU-27+UK milk production volumes have increased by an additional 1.6% throughout the first two months of the production season.

The May ’21 YOY increase in EU-27+UK milk production volumes was the third experienced in a row and the largest experienced throughout the past three years on a percentage basis. EU-27+UK milk production volumes have finished higher on a YOY basis over 25 of the past 28 months through May ’21.

May ’21 YOY increases in production on an absolute basis were led by Italy, followed by Ireland and France, while YOY declines in production on an absolute basis were led by Finland.

YOY increases in production on a percentage basis were led by Cyprus (+14.9%), followed by Italy (+10.6%) and Hungary (+8.8%), while declines in production on a percentage basis were led by Finland (-3.6%), followed by Malta (-2.9%) and the Czech Republic (-2.1%).

Nine of the top ten milk producing member states experienced YOY increases in milk production during May ’21, as production within the top ten milk producing member states increased by a weighted average of 2.4% throughout the month. The top ten EU-27+UK milk producing member states accounted for over 85% of the total EU-27+UK milk production experienced throughout the month. Production outside of the top ten milk producing member states increased by 1.4% on a YOY basis. Overall, 22 of the 28 countries experienced YOY increases in production volumes during May ’21.

EU-27+UK beef & dairy cow slaughter finished higher on a YOY basis for the second consecutive month during Apr ’21 when normalizing for slaughter days, increasing by 6.7% but remaining at the second lowest seasonal level experienced throughout the past ten years. YOY increases in beef & dairy cow slaughter were most significant throughout Poland, followed by Spain and Italy.

’20-’21 annual EU-27+UK bovine slaughter declined on a YOY basis for the second consecutive year, finishing down 3.3% and reaching a seven year low level. The USDA estimates that the EU-27+UK dairy cow herd declined 1.2% throughout the 2020 calendar year due to feed shortages stemming from recent droughts but noted additional culling rates, coupled with improved genetics, are expected to have a positive impact on future per cow productivity as lower producing animals are culled. The USDA is projecting an additional 0.3% YOY decline in the EU-27+UK dairy cow herd throughout 2021, following the general trend toward smaller herds and more productive animals.

U.S. Dairy Commercial Disappearance Update – Jul ’21
Global Milk Production Update – Jul ’21
Dairy
Ethanol
Livestock
Grain

Recent Dairy Research

  • Food Service Sales Update – Mar ’24
  • U.S. Dairy Trade Update – Sep ’23
  • Food Service Sales Update – Dec ’22
  • Global Dairy Trade Update 11-15-22
  • Dairy Products Production – Jul ’29
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Atten Babler Commodities, a DBA of Pinion Futures LLC is a CFTC registered Introducing Broker and NFA Member (NFA #0284447) is a fully owned subsidiary of Pinion Risk Management LLC. Information contained herein is believed to be reliable, but cannot be guaranteed as to its accuracy or completeness. Past performance is no guarantee of future results or profitability. Futures and options trading involve substantial risk of loss and is not suitable for all investors. Clients may lose more than their initial investment. All information, communications, publications, and reports, including this specific material, used and distributed by PF shall be construed as a solicitation for entering into a derivatives transaction. PF does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.


Atten Babler Insurance Services a DBA of Pinion Commodities Solutions LLC is an equal opportunity provider and employer. The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the bases of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, martial status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment, or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities. This publication is brought to you by Atten Babler Insurance Services and is intended for informational purposes only. Nothing contained herein can or should be interpreted to take precedence over policy language, Federal Crop Insurance Corporation/Risk Management Agency regulation, and Underwriting or Loss Adjustment rules.
© Copyright 2025 Atten Babler Commodities LLC